McEwen Inc. (MUX) COO granted restricted and deferred stock unit awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shaver William M reported acquisition or exercise transactions in this Form 4 filing.
McEwen Inc. director and Chief Operating Officer William M. Shaver received equity-based compensation in the form of stock units. He was granted 4,440 restricted stock units, each representing a contingent right to one share of common stock or its cash value, vesting in three equal installments on June 29, 2026, December 20, 2026 and June 29, 2027. He was also awarded 479 deferred stock units, each representing a right to one share of common stock, which are fully vested and will be delivered when his continuous service on the Board ends, subject to his ability to elect a later delivery date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Shaver William M
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,440 | $0.00 | -- |
| Grant/Award | Deferred Stock Units | 479 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,440 shares (Direct);
Deferred Stock Units — 479 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, or the cash value thereof as set forth in the award agreement, in the discretion of the Issuer's Compensation, Nominating & Corporate Governance Committee. The restricted stock units will vest in three equal installments on each of June 29, 2026, December 20, 2026 and June 29, 2027. Each deferred stock unit represents a right to receive one share of the Issuer's common stock. The deferred stock units are fully vested and will be delivered to the reporting person on the date of the reporting person's termination of continuous service from the Issuer's Board of Directors (the "Board"), subject to the reporting person's right to elect to defer delivery of the deferred stock units beyond the date of the reporting person's termination of continuous service from the Board.
FAQ
What insider transaction did McEwen Inc. (MUX) report for William M. Shaver?
McEwen Inc. reported that director and Chief Operating Officer William M. Shaver received equity awards, not open-market trades. He was granted restricted stock units and deferred stock units that convert into common shares or, in some cases, cash, according to the company’s compensation arrangements.
How many restricted stock units did William M. Shaver receive from McEwen Inc. (MUX)?
William M. Shaver received 4,440 restricted stock units. Each unit represents a contingent right to one share of McEwen Inc. common stock, or its cash value, as determined by the company’s Compensation, Nominating & Corporate Governance Committee under the applicable award agreement.
When do William M. Shaver’s McEwen Inc. restricted stock units vest?
The 4,440 restricted stock units vest in three equal installments. They are scheduled to vest on June 29, 2026, December 20, 2026, and June 29, 2027, aligning Shaver’s compensation with longer-term service and performance at McEwen Inc.
What are the terms of the 479 deferred stock units granted by McEwen Inc. (MUX)?
The 479 deferred stock units each represent a right to receive one share of common stock. They are fully vested and will be delivered when Shaver’s continuous service on the Board ends, unless he elects to defer delivery beyond his Board departure date.
How do McEwen Inc. deferred stock units for William M. Shaver pay out?
Each deferred stock unit entitles Shaver to one share of McEwen Inc. common stock. These units are already fully vested and will be delivered upon termination of his continuous Board service, subject to any valid election he makes to defer that delivery further.